Eiffage (OTCMKTS:EFGSY) Stock Rating Lowered by Zacks Research

Eiffage (OTCMKTS:EFGSY) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Wednesday, Zacks reports.

Several other brokerages have also recently issued reports on EFGSY. The Goldman Sachs Group cut Eiffage from a “buy” rating to a “neutral” rating in a research report on Thursday, May 21st. Morgan Stanley reiterated an “overweight” rating on shares of Eiffage in a research note on Friday, July 10th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Eiffage Stock Up 3.7%

Shares of EFGSY opened at $26.01 on Wednesday. Eiffage has a one year low of $24.16 and a one year high of $35.58. The business has a fifty day moving average of $27.95 and a 200 day moving average of $30.19.

Eiffage Company Profile

Eiffage SA, traded over the counter under the symbol EFGSY, is a leading French construction and concessions group that offers a wide range of engineering and infrastructure services. The company’s core activities span civil engineering, metalworks, building construction and renovation, roadworks, and energy services. Through its integrated business model, Eiffage delivers turnkey solutions for public and private clients, from project financing and design to construction and long-term asset management.

In its concessions division, Eiffage invests in, finances and operates major transport and energy infrastructure assets such as motorways, tunnels and power distribution networks under public–private partnership arrangements.